Odds on Romney rose to as high as Rs 20 against every Rupee and fell to as low as five paise on Obama.
The Aditya Birla group, led by Kumar Mangalam Birla, has taken charge of its mutual fund joint venture with Sun Life Financial of Canada by buying 1 per cent stake from the latter.
He sold 8.84% stake for Rs 55 crore based on average stock price in September quarter.
Talks in final stages, but both sides deny move.
Actis was earlier negotiating with other private equity players, but changed its strategy after the government opened retail sector to foreign companies.
Anti-corruption-activist-turned -politician Arvind Kejriwal has emerged as the 'new theme' for stock market traders.
The government is trying to send a signal it wants to stimulate the economy and the stock market.
"We in the satta bazaar trust Sonia Gandhi's manoeuvring skills. Now that it has become a major ego issue for the UPA, Mamata will be isolated. UPA may manage to get Mukherjee elected as President with the help of Mayawati and other smaller parties," said a bookie from Delhi
The General Anti-Avoidance Rule (GAAR) may have been deferred for a year but many foreign institutional investors (FIIs) do not want to take chances. They are shifting their trading positions to Singapore, where derivatives of India's key equity index, the Nifty, are listed.
Stock indices slip on fears that income tax department will go after offshore derivatives
The ITAT is mulling e-courts, or simply hearing of cases through webcast, to clear the backlog of cases in smaller towns.
The exchange granted 1.96 million stock options under two employee stock option (Esop) schemes in 2006 and 2008 to those eligible, according to regulatory filings.
After a long lull, India's equity primary market is set to witness some activity. The Multi Commodity Exchange of India (MCX) is set to hit the market with its initial public offer (IPO) in February. The investment banking circles are already buzzing with talks about valuation. Experts say, if priced well the issue could pump life into the moribund IPO market.
It is a Catch-22 situation for foreign institutional investors (FIIs) playing Indian markets. Even while stock markets are trading at attractive valuations, a sharper-than-expected slide in the rupee against the US dollar is keeping them away, say analysts.
Promoters say they mistakenly under-reported their stake at 7% lower than what it actually was.
Chairman of the Central Board of Direct Taxes (CBDT), Prakash Chandra, has asked the income tax (I-T) department to hasten court and tribunal proceedings to meet tax collection targets in the coming quarters.
Reliance Communications (RCom) and Reliance Industries (RIL) were the top losers among Sensex stocks on Thursday, after a research report by Canada-based equity research firm Veritas made damning accusations against their managements.
Reliance Communications (RCom) and Reliance Industries (RIL) were the top losers among Sensex stocks on Thursday, after a research report by Canada-based equity research firm Veritas made damning accusations against their managements.
NSE's Ramakrishna and ING Vysya Bank's Bhandari front runners for the post.
The dull overall scenario in the stock market seems to have hit the initial public offers (IPOs). In a first this year, there are no IPOs lined up for this month.
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